Market Roundup 12 November 2025

Thailand’s SET Index closed at 1,284.81 points, decreased 15.66 points or 1.20%, with a trading value of THB 38.89 billion. The analyst stated that the Thai market retreated due to downside pressures from listed companies’ weaker-than-expected 3Q25 results, particularly from stocks related to domestic consumption such as CPALL and CPAXT.

Furthermore, there are no new supporting factors to bolster the market, leading to a slide to below the 1,300 level.

The analyst expects the Thai market to move sideways tomorrow.

 

Deputy Prime Minister Bui Thanh Son said that Vietnam is looking to finalize a trade agreement with the United States in the near term, as a new round of negotiations unfolds in Washington.

Talks will center on which Vietnamese products—such as coffee—might be excluded from U.S. tariffs, as well as the nature of preferential market access promised by Hanoi for U.S. goods like cars and agricultural products.

 

Michael Burry, the hedge fund manager who gained notoriety from “The Big Short,” has accused some of America’s largest technology companies of employing aggressive accounting methods to enhance profits stemming from the current artificial intelligence boom.

 

Global appetite for oil and gas could continue climbing until 2050, the International Energy Agency (IEA) said, marking a significant change from its earlier stance that a rapid move toward clean energy was imminent. The agency now expects that efforts to meet international climate targets are likely to fall short.